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Australian shares fell on Wednesday from a record close scaled in the previous session, as Commonwealth Bank of Australia led index heavyweight financials lower on concerns about its bottom line. The ...
Commonwealth Bank of Australia shares fell after the country’s biggest lender reported earnings that underwhelmed analysts with further pressure expected on margins.
Insurance Australia Group's environmental, social, and governance risks primarily relate to climate change, which could increase the frequency and intensity of natural disasters. Over time, we think ...
The July inflation report keeps an interest-rate cut firmly on the table after the Federal Reserve's meeting next month. The lack of an abrupt acceleration in price pressures likely removes an ...
The AUD/USD pair posts a fresh two-week high around 0.6560 during the European trading session on Wednesday. The Aussie pair strengthens as the US Dollar (USD) underperforms its peers, following a ...
Shares have advanced in Europe and Asia after the U.S. stock market rallied to records when data showed inflation across the United States improved slightly last month. U.S. futures also ...
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Econostrum on MSNAustralia’s Central Bank Cuts Interest Rate to 3.6% as Inflation Slows and Growth Weakens
Australia’s central bank announced on Tuesday that it has reduced its benchmark interest rate for the third time in 2025, lowering it by a quarter of a percentage point to 3.6%. The decision, reported ...
Higher lending has powered Australian banking major Commonwealth Bank to a $10.25bn full year cash profit, falling just short ...
The AUD/JPY cross turns positive for the seventh straight day following an intraday dip to the 96.25 region on Wednesday and ...
Economists and investors are sceptical about the central bank’s rosy inflation production, throwing in doubt the path of ...
The Reserve Bank of Australia has cut the official interest rate by a quarter of a percentage point, bringing it down from ...
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